# PPP loan: YANCY LIFE TRANSITION CENTER
> **$460K** approved 05/01/2020 · Exemption 4 · Loan `1001787709`
## Borrower
- **Name:** YANCY LIFE TRANSITION CENTER
- **Address:** 2600 S LOOP W STE 510, HOUSTON, TX, 77054
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $339K (74%)
- **Forgiveness date:** 07/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $452K
- **Rent:** $4K
- **Utilities:** $4K
- **Jobs reported:** 90
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*